Law firm news by topic » Layoffs

Pro-Bono work in decline at US law firms

Jul 4, 2011 The American Lawyer magazine has released statistics showing that pro-bono output declined at the top 100 US firms in the past year, during which those same firms enjoyed solid profitability growth overall. The magazine…

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US diversity scorecard stabilizes in 2010

Jun 10, 2011 The Am Law Daily has completed its Diversity Scorecard for 2010, showing a 0.2 per cent increase in the proportion of minority lawyers at big firms, to 13.9 percent. While 0.2 per cent is an unimpressive gain by any…

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US firms push profits by reducing headcounts

May 2, 2011 Profits per partner rose by 8.4 percent last year, after a flat 2009 and a 4.3 per cent drop in 2008. But while this growth in profits can be partially explained by economic recovery, much of it was attributable to…

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US BigLaw cut down to size

Apr 26, 2011 The 250 largest law firms in the US reduced their lawyer headcount by about 3,000 lawyers last year, and has scaled back by about 9,500 lawyers since 2008, according to a survey of the National Law Journal. These…

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Budget cuts threaten access to justice in the US

Apr 18, 2011 Government cost cutting, at both the state and federal level, is threatening access to justice in the US, according to reports. According to the Wall Street Journal, states and counties have been forced to lay off…

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2010: not such a bad year for lay-offs

Jan 25, 2011 Major US law firms laid off 745 people in 2010, down from a 12,259 people laid off in 2009 (the worst year on record), and lower than the 2008 figures when 1,992 people lost their jobs. The figures, compiled by Law…

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